He just wanted to give his sister a beautiful wedding

Banks wouldn’t serve Bhuvanesh because he had no credit history — CreditMantri helped

Accion
Ventures
2 min readJul 12, 2018

--

Bhuvanesh V grew up in a family of teachers outside of Chennai in Southern India. He’s since moved to the city, where he carries on this educational legacy in his work as a programmer for a learning company. He’s still close to his family, and when the time came for his sister to get married, he jumped at the chance to pay for her wedding. Unfortunately, banks weren’t as eager to work with him to make his sister’s dream wedding a reality.

“When you physically approach a bank, you won’t get a loan if you’re a new customer,” Bhuvanesh explains. Multiple banks denied him because he lacked a credit history, but seeing his sister happily married was worth the effort — so he persevered.

He heard that our portfolio partner CreditMantri could serve people even if they didn’t have a formal credit history, so he downloaded the app. A representative contacted him as soon as he logged in. Bhuvanesh was impressed with how friendly and helpful the people at CreditMantri were as they walked him through the process to help him take out the funding he needed and build his credit score.

“I’m really happy about CreditMantri’s service,” he said. Bhuvanesh is glad to know that whatever his plans are for the future, he won’t be locked out of the financial system again. Thanks to CreditMantri, he’ll be able to get the financial services he needs for all of life’s celebrations and complications.

--

--

Accion
Ventures

We're a global nonprofit dedicated to building a world where everyone has access to the financial tools they need to improve their lives. www.accion.org